Home prices
The median home in Hermosa Beach costs $1,542,900. Compared to the surrounding areas it is roughly $584,660 (61%) higher.It is about $1,325,400 (609%) higher in comparison to the entire nation, and in comparison to the city of Los Angeles is about $906,000 (142%) higher.
Rents
In Hermosa Beach the median rent is $2,181 per month. This is approximately $356 (19%) higher in comparison to its surrounding areas.Compared to the rest of the country it is roughly $1,119 (105%) higher, and it is about $731 (50%) higher in comparison to the city of Los Angeles.
Nearby places
Redondo Beach
Redondo Beach is Hermosa Beach's neighbor to the southeast. Real estate prices there are a lot less expensive. The median home in Redondo Beach costs $926,500, which comes out to $616,400 (66%) lower than Hermosa Beach. Rent there is a bit less expensive. The median monthly rent in Redondo Beach is $2,072, which works out to $109 (5%) lower than Hermosa Beach.
Manhattan Beach
Manhattan Beach is Hermosa Beach's neighbor to the north. Its real estate prices are a bit more expensive. The median home in Manhattan Beach costs $2,000,001, which is $457,101 (22%) higher than Hermosa Beach. The rent there is somewhat more expensive. Manhattan Beach's median monthly rent is $2,628, which comes out to $447 (17%) higher than Hermosa Beach.
Lawndale
Lawndale is approximately 2 miles northeast of Hermosa Beach. Its housing prices are a lot less expensive. Lawndale's median home value is $518,000, which comes out to $1,024,900 (197%) lower than Hermosa Beach. The rent there is significantly less expensive. Lawndale's median monthly rent is $1,475, which is $706 (47%) lower than Hermosa Beach.
Alondra Park
Alondra Park is roughly 3 miles northeast from Hermosa Beach. Its real estate prices are a lot less expensive. The median home price in Alondra Park is $584,000, which works out to $958,900 (164%) lower than Hermosa Beach. Its rents are a lot less expensive. The median monthly rent in Alondra Park is $1,213, which works out to $968 (79%) lower than Hermosa Beach.
Torrance
Torrance is roughly 3 miles southeast of Hermosa Beach. Real estate prices there are substantially less expensive. The median home price in Torrance is $762,700, which works out to $780,200 (102%) lower than Hermosa Beach. Rents there are somewhat less expensive. In Torrance the median rent is $1,736 a month, which is $445 (25%) lower than Hermosa Beach.